Member Info for getafgrip

ST:

I couldn't agree more. Wael Sawan's statements- I think it is more than just an early warning, but big companies can direct Governments, particularly with elections in the offing;

https://uk.finance.yahoo.com/news/shell-threatens-quit-london-york-111116631.html

Wael Sawan - I think it is more than just an early warning, but big companies can direct Governments, particularly with elections in the offing;

https://uk.finance.yahoo.com/news/shell-threatens-quit-london-york-111116631.html

L - good to hear your views. I actually took the £27.27p from Yahoo & had been using it for a while so thanks for pointing this out as it is some distance of the mark.

The FT is very close to your figure:

On Tuesday, Shell PLC (SHEL:LSE) closed at 2,647.00, -5.50% below its 52-week high of 2,801.00, set on Oct 18, 2023.

Oops! premature posting!

Although, I have been massively influenced by Jim Slater's "Zulu Principle" over the years. His argument was essentially why diversify in to inferior shares that you know less about, when you know all there is to know about the Zulu, or in this case Shell. Occasionally I have, some years ago, actually only held one share, but generally have no fear of not conforming with the general sense & pressure to diversify, and just instead holding one major share without any fear of doing so.

With a trading view I have been targeting an SP around £27.27p, which was the high reached on the 16th October 2023. I agree with you it could go a bit higher, but its a nice problem to juggle with.

Your views on BP made me smile. Having half decided to build up a holding partly funded by dividends from Shell, I am thoroughly underwhelmed & demoralised by them. I bought around £4.70p so I am ahead, but that is all I can say. BP is still paying for a skeleton in the cupboard (not trying to be funny) with the Deepwater Horizon disaster, it seems to have built up a pigs breakfast of assorted renewables which seem to be more of an almost random collection rather than benefitting from any compellingly focused strategy, it took them months to select a CEO, & I really don't think there is any major change of direction imminent.

Boyo - I can echo many of your thoughts - Shell has been great for me as well, although I am mega "overweight" on them in my ISA.

A break above the red line looks imminent. There seems to be a lot of pent up impetus behind the SP at the moment - a whole list of positives & closing it in on its high.

Certainly my mindset is switching to attempting to pick the top of the SP travel & trading, but there looks to be plenty of time yet. The next few months leading up to the Elections here and in the US, should see a series of interest rate reductions, a lessening of the pressure on consumers, reducing inflation, countries leaving recessionary impacts behind them & burning more black gold, we might even start to forget the Truss debacle - just joking!

After the elections we might even see a bursting of the AI/Nvidia bubble & big Stock-market corrections! Great to see you posting again Boyo. Remember a graph in time saves nine!

L - Don't worry I am well aware that there is currently no bottom line profitability. I intended this to be the next stage of a discussion with JWB.

Once the credit squeeze, cost of living crisis, etc ease I think there will be a clearer picture emerging of the likely winners in this space, certainly the growth rate will improve dramatically, as I think it will with Darktrace. Although, the growth in yearly customer numbers of 12.9% at Darktrace has me agreeing with you on the relatively pedestrian growth.

Both are really side-bets from my main investments, along with quite a number of Techs in the US. So a hit and miss scenario is predictably expected.

It is generally agreed that Deliveroo has a Market Capitalisation of £1.89 billion, with core earnings of £85 million from the last announced results.

Could you explain how you have managed to come up with a PE Ratio of 82!

FT view on effects of Ukrainian drone attacks on Russian refineries on OP:

https://www.ft.com/content/98f15b60-bc4d-4d3c-9e57-cbdde122ac0c

FT view on effects of Ukrainian drone attacks on Russian refineries on OP:

https://www.ft.com/content/98f15b60-bc4d-4d3c-9e57-cbdde122ac0c

The recent SP dynamics & movements seem to me to follow a very similar pattern to when the SP was around 20p about the time of the announcement of the Selene deal. Because valuations & prospects have moved on dramatically since then though, the SP movements are around a base of 30p rather than the previous 20p.

US Gasoline Prices rising:

https://oilprice.com/Energy/Energy-General/Rising-Gasoline-Prices-Bring-Bad-News-for-Biden.html

Https://oilprice.com/Latest-Energy-News/World-News/Kimmeridge-Issues-New-Merger-Proposal-to-SilverBow-Resources.html

Cheap at the price if he can take the the SP out of Intensive Care and it recovers strongly:

https://www.ft.com/content/dab207e2-d90b-4365-90b2-49f5fcf7b6b5

L - thanks - realised immediately I posted as the other posts including yours popped up. Hopefully there will be a pick up in customer on-take, I can't say I'm filled with optimism though.

NO:

https://www.bing.com/search?q=crowdstrike+share&form=WSBEDG&qs=SW&cvid=c3c131016b224fd38144cf370dde195c&pq=crowdstrike+share&cc=GB&setlang=en-GB&PC=TBTS&nclid=D93A4CFAFE5D4AAEF01FB7F5C31D2D70&ts=1709719093216&wsso=Moderate

Chinese Demand and Geopolitical Risks - Impact on OP:

https://oilprice.com/Latest-Energy-News/World-News/Geopolitical-Risk-and-Chinese-Demand-Could-Boost-Oil-Prices.html

The troll with no clue, no Deliveroo shares, no idea of the dynamics of growth companies, but a kindergarten playground obsession with trashing Deliveroo! Cliched unsubstantiated phrases & nothing else to offer!

Https://oilprice.com/Latest-Energy-News/World-News/OPEC-Lifts-Production-in-February.html

Https://oilprice.com/Latest-Energy-News/World-News/OPEC-Lifts-Production-in-February.html